Seattle Condos For Sale: Project Update

Gallery will be auctioning 25 out of 41 remaining homes on March 25th at the Grand Hyatt. They announced they are offering up to 3% buyer's bonus on the 25 auction homes. A minimum bid has been set and published for each property. (Each property will be sold to the highest bidder if the highest bid is above the minimum bid price.) There is no hidden reserve price for this auction event.

Fifteen Twenty-One is more than 75% sold and launched the "Design Matters" campaign with online videos that outline the numerous design attributes that are exclusive to the building. In other news, 1521's developer, Opus Northwest LLC is handing over its earnings on future 1521 sales to U.S. Bank as part of a restructuring of an estimated $300M loan related to some other investments that did not fair as well (they have already repaid the construction loan on the 1521 project).

Olive 8 reported that they have 15 new sales since their reintroduction this year with revised pricing. There is now a model home for each common floor plan.